Environmental valuation in South Asia / edited by A.K. Enamul Haque, M.N. Murty, and Priya Shyamsundar.

Format:

Book

Contributor:

Haque, A. K. Enamul, editor.

Murty, M. N. (Maddipati Narasimha), 1942- editor.

Shyamsundar, Priya, 1964- editor.

Language:

English

Subjects (All):

Environmental economics--Asia, South.

Environmental economics.

Environmental quality--Asia, South.

Environmental quality.

Physical Description:

1 online resource (xxii, 477 pages) : digital, PDF file(s).

Place of Publication:

Cambridge : Cambridge University Press, 2011.

Language Note:

English

Summary:

This book is about understanding the value of environmental services in South Asia. It provides an overview of different environmental problems in South Asia and examines how economic valuation techniques can be used to assess these problems. It brings together multiple case studies on valuation undertaken by economists and environmental scientists from Bangladesh, India, Pakistan, Nepal and Sri Lanka under the aegis of the South Asian Network for Development and Environmental Economics (SANDEE). The book addresses the challenges of valuing environmental changes that are unique to developing countries. Each chapter starts with a description of an environmental problem and the valuation strategy used, followed by a discussion of estimation methods and results. It is designed to serve as a reference book for students, teachers, researchers, non-government organizations and practitioners of environmental valuation. Those interested in development and environmental economics, and natural resource management policies, will also find it useful.

Contents:

Cover; Title; Copyright; Contents; List of Figures; List of Tables; List of Appendices; List of Contributors; Preface; 1 Introduction; 1.1. About the book; 1.2. Environmental valuation in South Asia; 1.3. Valuation methods; 1.4. Implementing full cost pricing in agrarian settings; 1.5. Accounting for linked ecological and social systems; 1.6. Improved health outcomes; 1.7. Micro to macro: valuation and better measures of sustainable development; 1.8. Increasing revenues through better valuation; 1.9. Challenges to environmental valuation in developing countries; References

2 Environmental Valuation: A Review of Methods2.1. Environmental resources and economic valuation; 2.2. Environmental values; 2.3. Measuring environmental values and policy changes; 2.4. Valuation methods; 2.4.1. Production function approaches; 2.4.2. The household health production function model; 2.4.3. Travel cost methods; 2.4.4. Hedonic price methods; 2.4.5. Hedonic property value model; 2.4.6. Hedonic wage model; 2.4.7. Contingent valuation; 2.5. Conclusion; References; 3 Valuing the Environment as a Production Input; 3.1. Introduction; 3.2. Production function

3.2.1. Variables and assumptions3.2.2. Deriving the input demand function; 3.2.3. Change in profit, without and with input adjustment; 3.2.4. Magnitude of the change in profit; 3.3. Cost function; 3.3.1. Definition and characteristics; 3.3.2. Cost function for a production function with two variable inputs; 3.3.3. Deriving the marginal cost function; 3.3.4. Change in profit, without and with output adjustment; 3.3.5. Magnitude of the change in profit; 3.4. Profit Function; 3.4.1. Definition; 3.4.2. Deriving the output supply and profit functions; 3.4.3. Change in profit

3.5. Empirical implications3.5.1. Three types of individual functions - input demand, marginal cost (or output supply), and profit - can be used to estimate the change in profit resulting from an environmental change; 3.5.2. Use of full information requires estimating a system of equations, not just a single one; 3.5.3. Endogeneity: a potential source of bias in estimating all three functions, especially the production function; 3.5.4. Change in revenue: a biased measure of change in profit; 3.5.5. Change in cost: a biased measure of change in profit

3.6. Implications of relaxing key assumptions3.6.1. Multiple firms; 3.6.2. Noncompetitive markets; 3.6.3. Market distortions; 3.6.4. Missing markets and household production; 3.6.5. Risk; 3.6.6. Fixed inputs; 3.6.7. Multiple outputs; 3.6.8 Multiple inputs; 3.6.9. Nonconvexities; 3.7. Example: rainfall and rice in India; 3.7.1. Data; 3.7.2. Production function; 3.7.3. Profit function; References; 4 Should Shrimp Farmers Pay Paddy Farmers?: The Challenges of Examining Salinization Externalities in South India; 4.1. Introduction; 4.2. Study area; 4.3. Data; 4.4. Homogeneity of paddy villages

4.5. Soil characteristics

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Includes bibliographical references and index.

ISBN:

1-107-22765-8

1-283-37857-4

0-511-84393-3

9786613378576

1-139-18950-6

1-139-18820-8

1-139-19080-6

1-139-18358-3

1-139-18590-X

OCLC:

772400328